Quizzes & Puzzles3 mins ago
Time To Baton Down The Hatches?
89 Answers
Virgin Atlantic files for bankruptcy, WH Smiths looking at 1500 job cuts William Hill permanently shut 199 shops and small businesses now fearing they have just none weeks left before they run out of cash.
Looks like things are going to get very bumpy.
Looks like things are going to get very bumpy.
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Best Answer
No best answer has yet been selected by youngmafbog. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.WH Smiths and plenty of other businesses were in trouble - that's why they are the first to get to this stage, just 3 months from lockdown - there are going to be lots and lots more over the coming months.
I have to say the economic acumen of this government is making me feel very safe that they knew exactly they were promoting, and now managing, regarding the financial benefits of Brexit.
I have to say the economic acumen of this government is making me feel very safe that they knew exactly they were promoting, and now managing, regarding the financial benefits of Brexit.
gulliver1, are you still 'in transition' to the actual implementation of Brexit ?
Gromit
" UK Government spent £20Billion on Lloyds bank and actually made £500 million profit when it sold its share in 2017."
Marvellous, after nine years getting 2.5% interest.
It looks like further government financial support is inevitable to some extent. Things are bad and may get worse before getting better.
The 'Magic Money Tree' is always there of course, although carefully kept hidden from Public view when possible, but the proles and plebs are getting a bit uneasy at how much cleaning up may be required after its last shaking; bank 'bail-ins' are another possibility although not very palatable to the Public; but that altruistic bastion may just have a way to save us - deeply negative interest rates :
https:/ /www.im f.org/e n/Publi cations /WP/Iss ues/201 9/04/29 /Enabli ng-Deep -Negati ve-Rate s-A-Gui de-4659 8
Gromit
" UK Government spent £20Billion on Lloyds bank and actually made £500 million profit when it sold its share in 2017."
Marvellous, after nine years getting 2.5% interest.
It looks like further government financial support is inevitable to some extent. Things are bad and may get worse before getting better.
The 'Magic Money Tree' is always there of course, although carefully kept hidden from Public view when possible, but the proles and plebs are getting a bit uneasy at how much cleaning up may be required after its last shaking; bank 'bail-ins' are another possibility although not very palatable to the Public; but that altruistic bastion may just have a way to save us - deeply negative interest rates :
https:/
I have no idea why Gulliver keeps on blathering on about Brexit - in a roundabout way this is a thread about the absurd position we find ourselves in vis the lockdown and businesses failing, but since he's brought up the bus, let's examine what was actually plastered on it's side, which was two statements.
Statement 1 - We send the EU £350m a week.
Statement 2 - Let's fund our NHS instead.
People continue to wrongly think this means £350m a week will go to the NHS - either they're wilfully doing it, which is daft, or they're just a bit dim; the statements should be read separately - that's obvious, isn't it? It isn't saying the £350m a week will go to the NHS.
By the way, I voted remain, and continue to believe we'd be better off in than out - the difference is I accepted the result.
The failure of businesses reinforces my belief that lockdown should have been eased much much sooner (if it should have happened at all), and the current failures will increase significantly as soon as the taxpayer stops paying the wages of people - all the time they were being bailed out by the taxpayer, there was no reason why their employers would get rid; I totally get that, but it will end.
As I have said so many times that I'm boring myself now, this virus does not kill the young and the not so young if they are reasonably fit, but we appear to be going down the route of having these ridiculous restrictions until it's eliminated, which is absolutely bananas. Yes, we need to look after the old and the vulnerable, but everybody else, and for the sake of the country, we must return to normal normal (I can't abide people saying 'New' Normal).
The thing that I find really head-scratching is that some people (and there's some on this site) who want lockdown to continue - I will never get that if I live to be 100. Why? Why would they want this silliness to continue?
The knee jerk reactions just defy common sense - take the quarantining if you visit the Balearics or the Canaries, both of which from a Covid POV are statistically irrelevant, and therefore it was completely unwarranted; this has directly contributed to Hays Travel laying off a load of people.
Still, we're doing our bit to help the travel industry - Mrs DD is currently in Croatia on a short break with friends, and I'm off to Majorca in a few weeks...fortunately for me my work means I can quarantine at home (although whether I do....)
Statement 1 - We send the EU £350m a week.
Statement 2 - Let's fund our NHS instead.
People continue to wrongly think this means £350m a week will go to the NHS - either they're wilfully doing it, which is daft, or they're just a bit dim; the statements should be read separately - that's obvious, isn't it? It isn't saying the £350m a week will go to the NHS.
By the way, I voted remain, and continue to believe we'd be better off in than out - the difference is I accepted the result.
The failure of businesses reinforces my belief that lockdown should have been eased much much sooner (if it should have happened at all), and the current failures will increase significantly as soon as the taxpayer stops paying the wages of people - all the time they were being bailed out by the taxpayer, there was no reason why their employers would get rid; I totally get that, but it will end.
As I have said so many times that I'm boring myself now, this virus does not kill the young and the not so young if they are reasonably fit, but we appear to be going down the route of having these ridiculous restrictions until it's eliminated, which is absolutely bananas. Yes, we need to look after the old and the vulnerable, but everybody else, and for the sake of the country, we must return to normal normal (I can't abide people saying 'New' Normal).
The thing that I find really head-scratching is that some people (and there's some on this site) who want lockdown to continue - I will never get that if I live to be 100. Why? Why would they want this silliness to continue?
The knee jerk reactions just defy common sense - take the quarantining if you visit the Balearics or the Canaries, both of which from a Covid POV are statistically irrelevant, and therefore it was completely unwarranted; this has directly contributed to Hays Travel laying off a load of people.
Still, we're doing our bit to help the travel industry - Mrs DD is currently in Croatia on a short break with friends, and I'm off to Majorca in a few weeks...fortunately for me my work means I can quarantine at home (although whether I do....)
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